Question

Kohl Corporation operates family-oriented department stores that sell moderately priced apparel and housewares. The company reported the following information (adapted) for the three years ending February 3, 2013:

Requirements1. Compute net profit margin ratio for Kohl Corporation for the years ended February 2, 2013, and January 28, 2012.2. Compute asset turnover for Kohl Corporation for the years ended February 2, 2013, and January 28, 2012.3. Compute return on assets for Kohl Corporation for the years ended February 2, 2013, and January 28, 2012.4. What factors contributed to the change in return on assets during theyear?